British Military Facing Becoming 'Second Division Without Major Spending Increase'

From The Telegraph:

Britain must increase its defence spending by £15 billion a year or accept that it has become a "second division" military power, a major independent report has warned.

The shortfall in the armed forces' budget has reached such a critical point that the Government may soon have little choice but to scrap key orders for equipment such as aircraft carriers, armoured vehicles or even the replacement for the Trident nuclear missile programme, it claims.

In a foreword to the report, Winston Churchill, the grandson of the wartime prime minister, bluntly states that if defence spending stays at its current level, Britain's armed forces will "no longer play a significant role on the world stage"

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My Comment: As long as the Labor Government is in power, there will be no increase in military spending.